collected by :Molly Tony
WhatsApp, the Facebook-owned messaging app that counts more than 200 million monthly users, has launched a payments feature in India during the past several months which now has around a million users. The payment service is based on the Unified Payments Interface of the National Payments Corporation of India. In April, WhatsApp also placed an ad for a head of India, which the report noted was an additional sign that WhatsApp wanted to expand in India — including into the payments market. WhatsApp also has a large user base in India, and by launching the payments feature, it can lock them into the app, noted the report. After WhatsApp started testing payments, Vijay Shekhar Sharma, the founder of Paytm, turned to Twitter to complain that WhatsApp is trying to monopolize the digital payments market in India, noted the report.
WhatsApp, the Facebook-owned messaging app that counts more than 200 million monthly users, has launched a payments feature in India during the past several months which now has around a million users. The payment service is based on the Unified Payments Interface of the National Payments Corporation of India. In April, WhatsApp also placed an ad for a head of India, which the report noted was an additional sign that WhatsApp wanted to expand in India — including into the payments market. WhatsApp also has a large user base in India, and by launching the payments feature, it can lock them into the app, noted the report. After WhatsApp started testing payments, Vijay Shekhar Sharma, the founder of Paytm, turned to Twitter to complain that WhatsApp is trying to monopolize the digital payments market in India, noted the report.
India Says Rumors About Child Snatching on WhatsApp Led to Mob Killings
NEW DELHI—India's government blasted Facebook Inc. -owned messaging service WhatsApp following a series of deadly attacks on victims mistakenly accused of kidnapping children, after rumors and false reports of trafficking activities circulated on the messaging platform. Rupak De Chowdhuri/ReutersWhatsApp owner Facebook and social-media companies broadly are grappling with a sea change in public perception about them. AdvertisementThe deaths in India are an extreme example of the fallout caused by the spread of misinformation on Facebook's social-media apps. The rapidly falling costs of smartphones and mobile data have contributed to the spread of the messaging service in the world's second-most-populous nation. Indian authorities say the encryption and user protection on WhatsApp leave them unable to respond proactively to such situations.
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